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Florida points out that while it’s a good thing for some people to buy a house,that doesn’t mean everybody should own a home. Home ownership makes it harder for people to move for work, which carries a real cost.

Urban studies theorist Richard Florida came by the Big Think offices to talk about what he’s coined “The Great Reset”—the effects of the economic crisis on our country, and how it is reshaping the way we live.

If – as the author Richard Florida and others contend – we are in the middle of the sort of change that followed the Long Depression and the Great Depression of the 1930s, then the usual measures to deal with economic downturns are unlikely to work.

Part 4: Richard Florida describes the shift from suburbs to enormous metropolitan regions